Myanmar’s shadow government, the National Unity Government (NUG), led by the supporters of jailed leader Aung San Suu Kyi, has declared United States dollar-based stablecoin Tether as an official currency …
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Tether’s $68B backing is being doubted as new reports set out to uncover truth behind USDT
Tether (USDT), the largest stablecoin cryptocurrency, has received a lot of bad publicity recently. Allegations have again emerged that the reserves of the stablecoin, which are supposed to be backed …
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Tether issues another 1 billion USDT tokens: supply will grow by 200% in 2021
The news which was first announced by Whale Alert, a tracker of large transactions, confirmed that, on Monday, August 9th, the leading stablecoin minted 1 billion USDT tokens and sent them …
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Tether unveils reserves and backing for its USDT stablecoin in new report
To assuage critics and to abide by a legal settlement, Tether Holdings Limited, the issuer of the world’s largest stablecoin USDT, has released a report by an independent accountant, which found …
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